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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Capt who wrote (3805)	10/11/1998 7:24:00 PM
From: dealmakr	Respond to of 59879

Fred G, Globex open: mrci.com Hope we get an upward bias into the morning. Don't know how much legs CIEN has, just entered as a fade of what I thought was daytraders exiting for the weekend. Will be holding stop @ 8 1/4, if stock gaps up will be looking for 1/2, if stock gaps down depending on how far will evaluate then. Upgrades and downgrades, one question. Why didn't they downgrade @ 90. Gong. Yes the answer is they didn't have enough shorts established yet. The more I read about these upgrades and downgrades, the more I want to be on the other side of the play. Just my .02. Pullin Gs, Glad to see you on the same side of the CIEN play. Your a good trader. Post here more often with your plays and thoughts Mark, Thanks again as always for your TA thoughts. Am setting my stops a lot tighter now and reducing my risks as well as my ogdgeda. Holding as an investor only a few stocks now and will be doing mostly intraday plays. Also agree with you on looking for a lot of shorts here. Still a lot of bubbles around. Dave